Trump’s push for lower interest rates is hitting a wall as borrowing costs soar — defying his promises and complicating Republican election messaging. Despite claiming the economy is at its strongest ever, rising Treasury yields, stubborn inflation, and market expectations of no rate cuts before the midterms are fueling voter frustration. Even with Trump’s own policies and war spending contributing to higher rates, his administration’s housing fixes haven’t worked, and Fed Chair Kevin Warsh’s vague stance on inflation leaves no clear path forward — leaving the President’s economic vision in disarray.
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